Here are five articles recently published by Becker's Hospital Review that offer insight on recent RCM service expansions, hospitals seeking RCM talent and more.
1. 15 hospitals seeking RCM talent
As hospitals and health systems juggle compliance issues under the ACA and implement new payment models to transition away from fee-for-service medicine, many institutions are looking to strengthen their financial management arms.
2. 73% of health system executives cite transition to risk-based care models as a top priority
While many health systems continue to move toward value-based care, they face various challenges along the way, according to a survey conducted by The Health Management Academy.
3. 15 RCM service expansions in February
Here are 15 revenue cycle management portfolio expansions involving healthcare vendors and providers in February.
4. RCM tip of the day: Monitor the revenue cycle through one platform
Using one platform to keep track of revenue cycle management processes can lead to improved financial results, according to Eric Ritchie, COO of Grantsville, W.Va.-based Minnie Hamilton Health System.
5. 7 RCM hires in February
The following organizations announced new revenue cycle management hires, or the hiring of individuals with revenue cycle management expertise, in February.